Will Terminating Auto Dealers Save the Company?
362 views · Published 15 June 2009 · 2:25 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
General Motors and Chrysler executives defended the closings of hundreds of dealerships as they faced sharp criticism from U.S. lawmakers at a House hearing on Capitol Hill Friday [June 12th]. The bankrupt automakers say the cuts were painful but necessary to preserve jobs and brand viability. But dealers argued the plans will do little to cut costs for the struggling automakers. VOA's Mil Arcega reports.
